Wall Street pauses ahead of Fed speech
Wall Street futures hovered near flat as a tech rally paused ahead of Federal Reserve Chair Kevin Warsh speech at Jackson Hole. Investors awaited monetary policy clues following mixed inflation data.
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Wall Street indexes headed for a muted open on Thursday morning as an AI-fueled rally paused ahead of Federal Reserve Chair Kevin Warsh's speech. The cautious start follows a busy week of corporate results and fresh economic data in the United States. Investors are weighing monetary policy expectations as money markets price in a 36% chance of a rate hike in September.
